December Newsletter

By: Mark Stern

December Newsletter

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December 2018 Dear Friend, Not too many surprises in the real estate market as 2018 winds down. 6,251 homes sold, down from last year’s record number, as buyers were pushed to buy earlier than planned due to the new mortgage regulations that were going into effect in the new year. The average selling price was up by 3.5% year-over-year to $788,345. I believe we have gone back to a more tr...Read More

By: Mark Stern

November Newsletter

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November 2018   Dear Friend, Experts predicted that October 2018 would have fewer sales and more homes available for sale than October 2017. It came as a surprise when the opposite occurred!  The 7,492 homes sold by Toronto Real estate Board members was 6% more than October 2017, and prices increased by 3.5% year over year. 14,431 homes were listed on the MLS system, down 2.7 % compared ...Read More

By: Mark Stern

October Newsletter

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October 2018 Dear Friend, 6,455 homes sold through Toronto’s Real Estate Board MLS® System in September 2018 – up 1.9 per cent compared to September 2017. The average selling price for September 2018 also increased by 2.9 per cent over the same period to $796,786. The Toronto market continues to be very fragmented in terms of supply and demand with some areas experiencing a Sellers...Read More

By: Mark Stern

September Newsletter

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September 2018   Dear Friend,   Another good month for sales in Toronto, as Toronto Real Estate Board members sold 6,839 homes, 8.5% more than last August with the average price also being up 4.7% over the same month last year. With only 21/2 months of homes in inventory in Toronto, by definition, it would appear to be a sellers’ market. It is in many areas, with well-priced homes ...Read More

By: Mark Stern

August Newsletter

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August 2018   Dear Friend,   Ontario might be suffering from a shortage of rain, but there was certainly no drought of buyers when it came to home sales in Toronto.   July saw almost 7,000 transactions, up 18% over last July and prices rose 4.6% July 2018 over July 2017 and the average price now stands at $788,822.   At Realtron, our sales were up 19% and we sold 941 homes from...Read More

By: Mark Stern

July Newsletter

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July 2018 Dear Friend, The Toronto Real Estate Board reported 8,082 home sales through TREB’s MLS® System in June 2018 – up 2.4% over the June 2017 result. The average selling price in June edged up by 2% on a year-over-year basis to $807,871. While this is an interesting statistic, it does not reflect the reality of the market. The average price reflects the price of homes that ha...Read More

By: Mark Stern

June Newsletter

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June 2018,   Dear Friend,   The Toronto Real Estate Board reported 7,834 sales through TREB’s MLS® System in May 2018. Not a bad month, but a little bit off the 8,500 sales that I had predicted. The average price increased slightly, and as of the end of May, stands at $785,822, down 4.5% from 2017’s year-end average price of $822,622.   But averages do not tell the w...Read More

By: Mark Stern

March Newsletter

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March 2018 Dear friend, I must say, I was pleasantly surprised to see that the Toronto Real Estate Board members sold 5,175 homes last month. While it is less than last year, the first quarter of 2017 was a record time, I expected sales to be less than they actually were.  A further indication of the demand for homes was the fact that with over 1,200 homes for sale, my company booked ove...Read More

By: Mark Stern

January Newsletter

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January 2018 Dear Friend, 2017 was an interesting year for the Toronto real estate market. It was a rollercoaster ride of activity, the highs and lows brought about by government’s decisions to try to slow down home prices increases utilising negative policy changes. Record sales in the first quarter of the year were followed by a decline in demand in the spring and summer, as h...Read More

By: Mark Stern

Announcement!! New Brokerage!

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Introducing Our New Brokerage! Hi ...Read More